The MEI will be discontinued following the June 30, 2021, release. For further details, go here.
The Midwest Economy Index (MEI), which approximates quarterly growth at a monthly frequency, ticked down to +0.61 in April from +0.62 in March. Contributions to the April MEI from two of the four broad sectors of nonfarm business activity and two of the five Seventh Federal Reserve District states decreased from March. The relative MEI decreased to +0.81 in April from +1.59 in March. Contributions to the April relative MEI from all four sectors and all five states decreased from March.